Lai Yih Footwear Co (TPE:6890) Inventory Turnover: 1.11 (As of Mar. 2026)

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TPE:6890 Lai Yih Footwear Co Ltd TPE:6890
22 GF Score
Price NT$172.50
! 3 Warning Signs
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What is Lai Yih Footwear Co Inventory Turnover?

Lai Yih Footwear Co TPE:6890 +2.07% 22 Inventory Turnover is 1.11 as of Mar. 2026. GuruFocus rates TPE:6890 with a GF Score™ of 22/100. The stock has 3 warning signs investors should review.

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. Lai Yih Footwear Co's Cost of Goods Sold for the three months ended in Mar. 2026 was NT$6,253 Mil. Lai Yih Footwear Co's Average Total Inventories for the quarter that ended in Mar. 2026 was NT$5,648 Mil. Lai Yih Footwear Co's Inventory Turnover for the quarter that ended in Mar. 2026 was 1.11.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Lai Yih Footwear Co's Days Inventory for the three months ended in Mar. 2026 was 82.43.

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. Lai Yih Footwear Co's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.80.

Lai Yih Footwear Co  (TPE:6890) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Lai Yih Footwear Co's Days Inventory for the three months ended in Mar. 2026 is calculated as:

Days Inventory =Average Total Inventories (Q: Mar. 2026 )/Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=5648.452/6253.04*365 / 4
=82.43

2. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

Lai Yih Footwear Co's Inventory to Revenue for the quarter that ended in Mar. 2026 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=5648.452 / 7077.691
=0.80

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Be Aware

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.

Lai Yih Footwear Co Inventory Turnover Related Terms

Lai Yih Footwear Co Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Lai Yih Footwear Co's Inventory Turnover can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Lai Yih Footwear Co Inventory Turnover Chart

Lai Yih Footwear Co Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Inventory Turnover
3.86 6.20 6.17 6.00 6.22

Lai Yih Footwear Co Quarterly Data
Dec21 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Inventory Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.22 1.61 1.26 1.63 1.11
TPE:6890
22GF Score
Lai Yih Footwear Co Ltd TPE:6890
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Lai Yih Footwear Co Inventory Turnover Calculation

Lai Yih Footwear Co's Inventory Turnover for the fiscal year that ended in Dec. 2025 is calculated as

Inventory Turnover (A: Dec. 2025 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Dec. 2025 ) / ((Total Inventories (A: Dec. 2024 ) + Total Inventories (A: Dec. 2025 )) / count )
=33248.169 / ((5999.729 + 4689.745) / 2 )
=33248.169 / 5344.737
=6.22

Lai Yih Footwear Co's Inventory Turnover for the quarter that ended in Mar. 2026 is calculated as

Inventory Turnover (Q: Mar. 2026 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Mar. 2026 ) / ((Total Inventories (Q: Dec. 2025 ) + Total Inventories (Q: Mar. 2026 )) / count )
=6253.04 / ((4689.745 + 6607.159) / 2 )
=6253.04 / 5648.452
=1.11

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Inventory Turnover →
What does a Inventory Turnover of 1.11 mean?
Lai Yih Footwear Co (TPE:6890) has a Inventory Turnover of 1.11 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Lai Yih Footwear Co and its competitors.
Is Lai Yih Footwear Co's Inventory Turnover too high?
Lai Yih Footwear Co's current Inventory Turnover is 1.11. Overall, Lai Yih Footwear Co has a GF Score™ of 22/100, reflecting its overall financial health beyond just this single metric.
How does Lai Yih Footwear Co's Inventory Turnover compare to NKE and DECK?
Lai Yih Footwear Co's Inventory Turnover of 1.11 can be compared against companies in the Manufacturing - Apparel & Accessories industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Inventory Turnover for a Manufacturing - Apparel & Accessories company?
A good Inventory Turnover depends on the Manufacturing - Apparel & Accessories industry context. However, Inventory Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Inventory Turnover mean?
A high Inventory Turnover can signal that a stock is expensive relative to its fundamentals. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Lai Yih Footwear Co and its competitors. Lai Yih Footwear Co's current Inventory Turnover is 1.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lai Yih Footwear Co stock overvalued right now?
Lai Yih Footwear Co (TPE:6890) has a current Inventory Turnover of 1.11. The current Inventory Turnover is 1.11. Lai Yih Footwear Co's overall GF Score™ is 22/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Inventory Turnover calculated?
Inventory Turnover is calculated from a company's financial statements. For Lai Yih Footwear Co (TPE:6890), the current Inventory Turnover is 1.11 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Lai Yih Footwear Co Business Description

Address No. 13, Lane 370, Section 4, Yatan Road, Daya district, Taichung, TWN
Lai Yih Footwear Co Ltd specializes in producing various high-end casual shoes, sports shoes, other special function shoes, and other footwear products. It cooperates with many familiar international brands such as Adidas, Converse, Vans, The North Face, and Hoka. The company generates a majority of its revenue from the United States and the rest from China, Germany, Belgium, Indonesia, and other regions.
22GF Score

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Inventory Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

NT$172.50
Price